Twitter CEO 'willing to go to war' to make Elon Musk deal happen – New York Post

Twitter CEO Parag Agrawal is “willing to go to war” to make Elon Musk follow through on his $44 billion acquisition of the social media giant amid reports that the deal could be in jeopardy over the site’s handling of spam and “bot” accounts. Parag Agrawal, who assumed the chief executive job last fall after company co-founder Jack Dorsey stepped down from the role, is reportedly starting to “come out fighting” after Musk repeatedly criticized the company that he has committed to buy and take private. “Parag wants to swing back more and is being more aggressive internally,” a former Twitter executive told Financial Times. “It seems Twitter is willing to go to war to make this deal happen.” Agrawal would be due to receive a payout of $42 million under the current terms of the buyout. As with a handful of other Twitter executives, Agrawal’s payout would be triggered by a so-called “change in control” clause in their contracts which kicks in if either of them is terminated within 12 months of new ownership assuming the helm of the company. Shares of Twitter fell by nearly 4% in the first hour of trading on Wall Street on Friday. The…
Read More